TYO:9501 Cash Flow Statement

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	198,741	302,345	-111,911	14,075	190,393
Depreciation & Amortization	367,517	358,207	341,145	419,203	412,039
Loss (Gain) From Sale of Assets	27,542	27,308	-38,545	28,281	24,347
Loss (Gain) From Sale of Investments	-	-	-123,331	-	-
Loss (Gain) on Equity Investments	-100,228	-202,181	1,142	-39,273	-100,635
Other Operating Activities	-55,125	17,824	18,627	-20,926	-18,540
Change in Accounts Receivable	-30,434	78,805	-119,387	-69,030	-114,202
Change in Accounts Payable	-56,043	73,287	114,956	163,053	-115,349
Change in Other Net Operating Assets	9,279	17,422	-158,369	-88,890	-38,228
Operating Cash Flow	361,249	673,017	-75,673	406,493	239,825
Operating Cash Flow Growth	-46.32%	-	-	69.50%	-25.86%
Capital Expenditures	-833,323	-704,838	-631,143	-551,904	-599,859
Sale of Property, Plant & Equipment	-	-	63,653	-	-
Cash Acquisitions	-	-	-18,501	-	-
Other Investing Activities	-25,886	6,048	197,149	-7,887	22,644
Investing Cash Flow	-859,209	-698,790	-388,842	-559,791	-577,215
Short-Term Debt Issued	5,747,674	5,796,174	4,421,165	4,402,840	4,021,210
Long-Term Debt Issued	486,648	663,500	779,644	745,001	957,489
Total Debt Issued	6,234,322	6,459,674	5,200,809	5,147,841	4,978,699
Short-Term Debt Repaid	-5,511,051	-5,345,133	-4,386,662	-4,200,387	-4,026,090
Long-Term Debt Repaid	-515,694	-570,937	-499,600	-397,964	-980,299
Total Debt Repaid	-6,026,745	-5,916,070	-4,886,262	-4,598,351	-5,006,389
Net Debt Issued (Repaid)	207,577	543,604	314,547	549,490	-27,690
Other Financing Activities	-13,408	-2,105	5,437	11,106	7,350
Financing Cash Flow	194,169	541,499	319,984	560,596	-20,340
Foreign Exchange Rate Adjustments	1,690	2,045	62	218	-104
Miscellaneous Cash Flow Adjustments	-6,572	-	1	1	-1
Net Cash Flow	-308,673	517,771	-144,468	407,517	-357,835
Free Cash Flow	-472,074	-31,821	-706,816	-145,411	-360,034
Free Cash Flow Margin	-6.93%	-0.46%	-9.06%	-2.74%	-6.14%
Free Cash Flow Per Share	-95.65	-6.45	-441.17	-29.13	-72.42
Cash Interest Paid	67,508	56,337	46,967	43,942	42,157
Cash Income Tax Paid	15,067	-18,651	-4,840	26,686	6,333
Levered Free Cash Flow	-480,889	-111,713	-611,951	-48,006	-303,250
Unlevered Free Cash Flow	-437,376	-75,488	-581,774	-20,118	-276,575
Change in Working Capital	-77,198	169,514	-162,800	5,133	-267,779

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.